Warren Buffett Quotes, Rocks Quotes, Anomalies Quotes

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map. You may find local companies that have nothing wrong with them at all. A company that I found, Western Insurance Securities, was trading for $3/share when it was earning $20/share!! I tried to buy up as much of it as possible. No one will tell you about these businesses. You have to find them.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

Remember that the stock market is manic-depressive.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Remember Quotes

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

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Tags : Warren Buffett Quotes , Cents Quotes

I learned to go into business only with people whom I like, trust, and admire.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes

I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

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Tags : Warren Buffett Quotes , Perfect Quotes , Would Be Quotes

We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.

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Tags : Warren Buffett Quotes , Games Quotes , Suffering Quotes

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

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Tags : Warren Buffett Quotes , Patient Quotes , Wealth Quotes

You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.

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Tags : Warren Buffett Quotes , Criminals Quotes , Financial Quotes

The Noah rule: Predicting rain doesn't count; building arks does.

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Tags : Warren Buffett Quotes , Rain Quotes , Ark Quotes

Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

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Tags : Warren Buffett Quotes , Purpose Quotes , Making Money Quotes

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

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Tags : Warren Buffett Quotes , People Quotes , Pay Quotes

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Thinking Quotes

Take the job you would take if you were independently wealthy. You're going to do well at it.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Play Quotes

What we really want to do is buy businesses that we would be happy to own forever.

5 years ago

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Tags : Warren Buffett Quotes , Forever Quotes , Would Be Quotes

In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

Diversification may preserve wealth, but concentration builds wealth.

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Tags : Warren Buffett Quotes , Concentration Of Wealth Quotes , Investing Quotes

Possessing a powerful worldwide brand is essential for sustained success.

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Tags : Warren Buffett Quotes , Powerful Quotes , Essentials Quotes

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Gum Quotes

Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

A Company should be viewed as an unfolding movie, not as a still photograph

5 years ago

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Tags : Warren Buffett Quotes , Photograph Quotes , Should Quotes